Skip to content
Beacon
Screener

FAZ vs TECL

Direxion Daily Financial Bear 3X Shares vs Direxion Daily Technology Bull 3X Shares

FAZ

Direxion Daily Financial Bear 3X Shares

Direxion Funds

Annual cost

1.03%

Fund size

$120M

TECL

Direxion Daily Technology Bull 3X Shares

Direxion Funds

Annual cost

0.87%

Fund size

$4.8B

Key differences

  • TECL costs 0.16% less per year.
  • TECL is significantly larger than FAZ — larger funds tend to be more liquid and less likely to close.
  • FAZ follows a inverse strategy; TECL uses leveraged.
  • Over the last 3 years, TECL has delivered higher annualized returns.

Side-by-side comparison

FAZTECL
Annual cost (TER)1.03%0.87%
Fund size (AUM)$120M$4.8B
Since20082008
Dividend yield3.00%5.71%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-9.8%+213.8%
CAGR 3Y-38.5%+79.2%
CAGR 5Y-27.5%+39.5%
Sharpe 3Y-0.841.13
Volatility 1Y43.24%61.27%
Max drawdown-99.78%-77.96%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FAZ and TECL